Trend Bar
Every one knows the trend is our friend, go with the trend is always safer and often more profitable. The PBF_Trend_Bars plots 1 to 3 horizontal lines, showing short term, midterm and long term trend. When a trend develops, always take signals from a shorter term indicator in the direction of a longer term direction. See the charts below. The long term trend only had one red dot all day long! Incredible! Every time the short term trend turns from red to green, go long in the direction of the long term trend.
Symbol: POT
Interval: 51 Tick Bars
Date: 13 June 2008
This chart shows some uptrend, down trend and range bound. You can choose to plot just 1, 2, or all 3 lines, in any place you desire. For example, if you use Stochastic,
you may plot these 3 lines in any order on 80, 50, 20 lines. But since you are reading this page, I guess you will never use Stochastic again!
Symbol: POT
Interval: 5 min
Date: 13 June 2008
Installation Notes
Please see above
Extra Information
Just import the ELD file
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